Best Personal Loans in Sacramento, CA

Sacramento Credit Union is the best personal loan lender in Sacramento, California, with a MoneyGeek score of 95 out of 100. It offers competitive APR rates starting at 8.99%, making it an attractive choice for affordable loans. Its convenient mobile app allows users to manage their loans on the go. However, the maximum loan amount is $25,000, which may not meet higher borrowing needs. Additionally, it does not offer the option to prequalify, which could be a drawback for those wanting to check potential rates without affecting their credit score.

Laurel Road is the best online lender for personal loans in Sacramento, California, with a MoneyGeek score of 93 out of 100. It offers personal loans ranging from $5,000 to $45,000 with repayment terms between 36 and 60 months, and customers typically receive funds within seven days. Borrowers can enjoy a discount for setting up automatic payments and won't face origination or prepayment penalties. However, its minimum loan amount is relatively high, which may not cater to those seeking smaller loans. There is also a late fee for missed payments.

Heritage Community Credit Union is the runner-up for the best personal loans in Sacramento, California, with a MoneyGeek score of 91 out of 100. It allows co-borrowers, making it easier for those needing additional approval strength. Borrowers also benefit from no application fees or prepayment penalties, saving costs upfront and during repayment. However, its borrowing limit is $20,000, which might not be sufficient for larger financial needs. There are also fees for late payments, which could add to the cost if you miss due dates.

SAFE Credit Union is a suitable choice for personal loans in Sacramento, California, with a MoneyGeek score of 89 out of 100. It is federally insured by the NCUA and holds a BBB rating of A+, providing borrowers with a sense of security and trust. However, its borrowing limit of $20,000 might not meet the needs of those seeking larger loan amounts. Additionally, it does not disclose loan eligibility requirements for personal loans, which may create uncertainty for potential applicants.